Talos Energy Inc. (NYSE:TALO) Insider Control Empresarial De Capital Buys 547,000 Shares

Talos Energy Inc. (NYSE:TALO) insider Control Empresarial De Capital bought 547,000 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were acquired at an average cost of $10.92 per share, for a total transaction of $5,973,240.00. Following the completion of the acquisition, the insider now directly owns 40,685,904 shares of the company’s stock, valued at approximately $444,290,071.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Control Empresarial De Capital also recently made the following trade(s):

• On Monday, August 5th, Control Empresarial De Capital bought 343,000 shares of Talos Energy stock. The shares were acquired at an average cost of $9.99 per share, for a total transaction of $3,426,570.00.
• On Thursday, August 1st, Control Empresarial De Capital purchased 306,000 shares of Talos Energy stock. The shares were purchased at an average price of $11.50 per share, with a total value of $3,519,000.00.
• On Tuesday, July 30th, Control Empresarial De Capital purchased 250,000 shares of Talos Energy stock. The shares were purchased at an average price of $11.40 per share, with a total value of $2,850,000.00.
• On Tuesday, June 18th, Control Empresarial De Capital purchased 300,000 shares of Talos Energy stock. The shares were purchased at an average price of $10.80 per share, with a total value of $3,240,000.00.

Talos Energy Price Performance

TALO stock opened at $10.79 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.53. Talos Energy Inc. has a one year low of $9.81 and a one year high of $17.29. The firm has a market capitalization of $1.94 billion, a PE ratio of 154.14 and a beta of 1.94. The firm has a 50-day moving average of $11.57 and a two-hundred day moving average of $12.29.

Talos Energy (NYSE:TALO) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.16. Talos Energy had a negative net margin of 0.93% and a negative return on equity of 0.21%. The company had revenue of $549.17 million during the quarter, compared to analyst estimates of $516.61 million. During the same period in the prior year, the firm earned $0.06 earnings per share. The business’s quarterly revenue was up 49.6% on a year-over-year basis. On average, analysts forecast that Talos Energy Inc. will post -0.14 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on TALO. Benchmark restated a “buy” rating and set a $20.00 price target on shares of Talos Energy in a research report on Thursday, August 8th. The Goldman Sachs Group started coverage on shares of Talos Energy in a research report on Monday, July 22nd. They issued a “buy” rating and a $14.00 target price for the company. Finally, Stephens reiterated an “overweight” rating and issued a $24.00 target price on shares of Talos Energy in a research report on Wednesday, July 10th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $20.31.

Institutional Trading of Talos Energy

Hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP lifted its position in shares of Talos Energy by 11.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,287,655 shares of the company’s stock worth $89,474,000 after purchasing an additional 669,552 shares in the last quarter. Natixis purchased a new stake in shares of Talos Energy in the first quarter worth approximately $768,000. Vanguard Group Inc. raised its position in Talos Energy by 23.7% during the first quarter. Vanguard Group Inc. now owns 9,793,618 shares of the company’s stock valued at $136,425,000 after acquiring an additional 1,873,537 shares in the last quarter. Capstone Investment Advisors LLC bought a new position in Talos Energy during the first quarter valued at approximately $1,066,000. Finally, Empowered Funds LLC raised its position in Talos Energy by 56.0% during the first quarter. Empowered Funds LLC now owns 687,780 shares of the company’s stock valued at $9,581,000 after acquiring an additional 246,846 shares in the last quarter. 89.35% of the stock is owned by hedge funds and other institutional investors.

Talos Energy Company Profile

Talos Energy Inc, through its subsidiaries, engages in the exploration and production of oil, natural gas, and natural gas liquids in the United States and Mexico. It also engages in the development of carbon capture and sequestration. Talos Energy Inc was founded in 2011 and is headquartered in Houston, Texas.